The treacherous path to $200k a year

Conclusion for today:

New filterings have been implemented, While I don't lose money, I am very pissed off that there was no gravy train to ride because sitting here waiting for my Alert program to yell
"Hallelauha God has brought you money" in TS ( I love the voice feature!)
and not being able to profit is a waste of my time.

New stock filterings have been improved,

Next time when I take out a target, it won't be a peasant disguised as a general.
 
I agree, you should try whatever you think may work. All I am saying is if you want to take any sort of sizable position in a stock like APC, you will find two things:

1. There wont be enough shares to short once the stock looks safe without paying down quite a bit, making the trade riskier.

2. You will find your stop is too tight because the stock usually whips around in a 20 cent range even when you are right on the true direction.

Either way, try whatever you want, I have a lot of experience trading this stock and know its character. I dont know what size position you take, but if its more than 500 shares you will find it very hard to find any good entries with your tight stop critieria

Quote from coolweb:

Steve,
There is much people do not think that can be possible that can be done.
More...
 
<h2>COOLWEB REBORN</h2>

Hello,
I did not take any trades because I was busy with this web investment business I got going. I wake up @ 6:00 just to work on it before the market and during slow times, Also the volatitlity in APC turned me off

I also watch more then I trade, I'm starting to develop tunnel vision but I learn immensely :D

I'm taking this to a whole new level.
I will begin trading YM / ER2 Contracts.

Short only.

Just like what I mentioned in my previous goals.

I just noticed I'm watching the market and predicting it to almost 99.5% when I do take a trade, then watching the stock. But shorting in stocks make no sense, when the real reason I Wanted to go into stocks is because I want to set it and forget it. Closing out a short within 3 days is not called forgetting it.

ONLY LONG POSITIONS will be done for stocks.


As I set out in this goal $200k mininum a year.

I will begin trading with 5 contracts,
then 10 contracts
Then 30 contracts
then 50 contracts

Why? Many reasons I do not need to state here. I just don't lose these days. My buttontrader keeps me in check as well.


You want to see amazing?
I will be posting real time in chat rooms, and my great swing trades on this board.


I guess what I finally realized was, My methology was a little off, but when I went back to stocks, Everything just looked so much clearer and profitable so I refined it even more, when I refined it, I noticed it wasn't the instrument.. I guess I can trade anything I want now.

Lets take this into the big leagues baby.

You don't think so? have no fear, I love proving people wrong. Its going to be a great time.
 
we should see a bounce...I will be watching the ticker and volume first though! this falls within your budget for a stock at 20/share
 
If you haven't noticed I only short these days, When I do trade I usually post about it, When I have no trades, I don't post at all.

Worry about your own trading kids.
 
Only playing one side of the market; thats rather limiting dont you think?

Quote from coolweb:

If you haven't noticed I only short these days, When I do trade I usually post about it, When I have no trades, I don't post at all.

Worry about your own trading kids.
More...
 
Quote from coolweb:

If you haven't noticed I only short these days, When I do trade I usually post about it, When I have no trades, I don't post at all.

Worry about your own trading kids.
More...

Looks like we have taken a detour again on "The treacherous path to $200k a year" and the driver (coolweb) lost the map. :eek:
 
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